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Veterinary Pet Insurance is a Rip-Off!
VPI is a Total Rip-Off!
I bought insurance for my dog with VPI for 8 consecutive years. When my dog got old and I really NEEDED the benefit of that insurance I'd invested in for those 8 years, they canceled my policy. Turns out this is legal -- the State of California Dept. of Insurance said VPI didn't have to give me a valid, quantifiable reason for canceling.
Consumer Reports did a study and concluded you are just as good putting the money into a savings account. Seeing as VPI took my money for 8 years and then canceled when my dog got old (and was apt to actually get benefits paid out), you can see why buying pet insurance could be a BIG waste of money.
According to the Orange County Register, VPI was under investigation by the SEC for financial 'improprieties". Do you want to trust your pet's health to an organization like this?
Avoid VPI and just put your money in a savings account.
p.s. The founder of VPI, Jack Stephens, is a trophy hunter. Ironic isn't it? He says he cares about animals but he kills animals for fun. |
